NexGen Drills Massive Pitchblende at South Arrow

- October 18th, 2017

NexGen Energy (“NexGen” or the “Company”) (TSX:NXE, NYSEMKT:NXE) is pleased to report radioactivity results for sixteen holes from South Arrow as part of our on-going summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. Aggressive step out drilling at the recently discovered South Arrow has intersected significant off-scale radioactivity in multiple holes, and has extended the strike length and … Continued

NexGen Energy (“NexGen” or the “Company”) (TSX:NXE, NYSEMKT:NXE) is pleased to report radioactivity results for sixteen holes from South Arrow as part of our on-going summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan.
Aggressive step out drilling at the recently discovered South Arrow has intersected significant off-scale radioactivity in multiple holes, and has extended the strike length and vertical extent of high grade mineralization to 240 m and 185 m, respectively. High grade uranium mineralization occurs as accumulations of semi-massive to massive pitchblende similar to that seen in the High Grade Domains of the Arrow Deposit.
Garrett Ainsworth, Vice-President, Exploration and Development, commented:

“Drill hole AR-17-160c1 represents a highly successful 203 m step out to the southwest from the initial discovery hole at South Arrow. The ability to hit high grade mineralization on an aggressive step out of this distance has been a common characteristic of the Arrow Deposit, which is located 400 m to the north of South Arrow on a separate conductor.
South Arrow contains a broad alteration halo that surrounds multiple parallel stacked mineralized zones, which are two important features observed at the Arrow Deposit. Hole AR-17-166c1 at South Arrow has encountered the shallowest significant high grade mineralization anywhere on the Rook I property to date.”

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